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Avatar for Rocky Mountain Appraisal Group
Rocky Mountain Appraisal Group
5.0(
1
)
Appraisal - Real Estate

Serving Lindon, UT and surrounding areas

Approved

In business since 2012

Free estimates

Small jobs welcome

We take great pride our experience, expertise, quality and customer service that we provide to meet your needs. It is our mission to provide excellent and reliable appraisal products and complete customer satisfaction. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer a professional manner. Our reputation is based on communication, service, and quality, regardless of how large or small the job. From vacant land, condos and single family homes to cabins, manufactured homes and multi family properties we have seen it all.

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Property Appraiser questions, answered by experts

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

The Lindon, UT homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.